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of <h1>Debenture Holders Can Access Trust Deeds: Section 118 of Companies Act 1956 Enforces Rights with Penalties for Non-Compliance.</h1> Section 118 of the Companies Act, 1956, grants debenture holders and company members the right to obtain copies of and inspect the trust deed securing debenture issues. Upon request and payment of a prescribed fee, a printed or non-printed copy must be provided within seven days. Failure to comply results in fines for the company and responsible officers, with continuing offenses accruing additional fines. The Central Government can mandate immediate provision of the copy. The trust deed is also available for inspection under similar conditions as the company's register of members.
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